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Norway’s $1 Trillion Funds May Benefit The USA

Norway Bank Deputy Governor will submit a proposal.

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Norway’s $1-trillion fund is the world’s biggest sovereign wealth fund. The fund intends to expand the investment market from oil and gas. The Bank’s Deputy Governor, Egil Matsen, will present a report on Tuesday to the city’s Finance Minister stating where this wealth fund would be invested. The news claims that wealth may be shifted to the USA. 

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This fund is over weighted in Norway, and they speculate that the US may receive it. This will increase the USA’s stock market value. A similar process started in 2012, has benefited Norway’s fund value. Shifting the funds to Asia is also being considered.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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